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The government's approach to funding increased spending included both borrowing and tax increases. Changes to capital gains taxation and adjustments to personal income taxes resulted in 86% of middle-income Canadian families paying more taxes than in 2015, with the average Canadian family's tax burden exceeding their combined expenditure on ...
Meanwhile, Trudeau has announced a two-month sales tax holiday and a 250 Canadian dollar ($175) tax-free rebate for workers making less than the equivalent of $105,000—the "gimmicks" that put ...
Canadian Prime Minister Justin Trudeau ’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the federal budget. The taxable portion of capital gains ...
Paul Wells, a Canadian political journalist and the author of Justin Trudeau on the Ropes, recently told the BBC he believes Trudeau will be remembered "as a consequential" prime minister, notably ...
The Trudeau government's economic policy initially relied on increased tax revenues to pay for increased government spending. While the government has not balanced the budget, it reduced Canada's debt-to-GDP ratio every year until 2020, when the COVID-19 pandemic hit.
Trudeau has carried out four major cabinet shuffles: one in 2018, one in 2021, one in 2023, and another in 2024. On October 26, 2021, one month after the 2021 Canadian federal election that gave the governing Liberal Party a second minority mandate; the ministry underwent a cabinet shuffle, resulting in many promotions, demotions, and removals ...
Trudeau, facing record-low approval ratings over the last few months, stepped down from his position on Monday
Freeland and Trudeau in 2018. Chrystia Freeland was appointed Canada's deputy prime minister in 2019, following the re-election of Trudeau's government, and was the country's first female finance minister in 2020, and was often nicknamed the "minister of everything", and widely seen as a potential successor to Trudeau for the leadership of the Liberal Party.